Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Short Interest Down 13.3% in February

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) was the target of a significant drop in short interest in February. As of February 28th, there was short interest totalling 3,900 shares, a drop of 13.3% from the February 13th total of 4,500 shares. Based on an average daily trading volume, of 4,400 shares, the days-to-cover ratio is presently 0.9 days.

Bridgewater Bancshares Stock Performance

Shares of NASDAQ BWBBP opened at $19.10 on Thursday. Bridgewater Bancshares has a one year low of $16.90 and a one year high of $22.00. The business has a fifty day simple moving average of $19.45 and a 200 day simple moving average of $19.61.

Bridgewater Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 4th. Stockholders of record on Friday, February 14th were paid a $0.3672 dividend. This represents a $1.47 dividend on an annualized basis and a dividend yield of 7.69%. The ex-dividend date of this dividend was Friday, February 14th.

About Bridgewater Bancshares

Bridgewater Bancshares, Inc operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, entrepreneurs, business clients, and individuals in the United States. The company provides savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit.